Consolidated Statement of Operations (IFRS) – unaudited

     Note    Three Months
Ended
06/30/2010
€ 		   Three Months
Ended
06/30/2009
€ 		   Six Months
Ended
06/30/2010
€ 		   Six Months
Ended
06/30/2009
€ 		    
Revenues   2   22,896,162
  18,743,211   43,461,542   37,877,713  
Operating Expenses   2                  
Cost of Goods Sold       2,079,137   1,656,394
   3,807,638   3,319,892
  
Research and Development       11,166,877   9,471,378   20,478,395   17,954,978  
Sales, General and Administrative       6,008,291   5,222,095   10,870,374   9,991,236  
Total Operating Expenses       19,254,305   16,349,867   35,156,407   31,266,106  
Profit from Operations       3,641,857   2,393,344   8,305,135   6,611,607  
Finance Income       714,247   230,742   750,614   1,138,195  
Finance Expense       4,599   3,358   9,039   4,588  
Other Income       61,225   81,075   177,254   193,344  
Other Expense       268,566   88,907   505,557   237,228  
Profit before Taxes       4,144,164   2,612,896   8,718,407   7,701,330  
Income Tax Expense       1,471,687   1,075,753   2,854,026   2,657,339  
Net Profit       2,672,477   1,537,143   5,864,381   5,043,991  
Basic Net Profit per Share       0.12   0.07   0.26   0.23  
Diluted Net Profit per Share       0.12   0.07   0.26   0.22  
Shares Used in Computing
Basic Net Profit per Share		       22,597,182   22,412,391   22,594,797   22,411,266  
Shares Used in Computing
Diluted Net Profit per Share		       22,685,398   22,503,994   22,721,085   22,510,795  

See accompanying notes to the Interim Consolidated Financial Statements